333 Heritage DrSpearfish, SD 57783

For Sale
$875,000

High-traffic, 3-unit retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
Exceptional investment opportunity: a three-unit, 5,300 square foot retail shopping center in Spearfish, South Dakota, is available for sale/leaseback. This single-story, 2004-built property sits on a 0.4-acre lot and boasts 100% occupancy with three tenants. The center is strategically located just south of Exit 14, a high-traffic area surrounded by car dealerships, restaurants, national retailers, and hotels, placing it in close proximity to a thriving commercial hub. The property features a convenient mix of office/retail and warehouse space, and is situated near the new Knecht's Home Center. Originally designed as a five-unit building, it currently houses three tenants, two of which are long-term. The low-maintenance building is constructed with durable metal siding and roofing, includes exterior lighting, and features a concrete parking lot with 18 designated parking spaces, plus additional space in the rear for parking or storage. The property is zoned Highway Service Commercial. Asking price is $875,000. This is a prime opportunity for investors seeking a stable, high-traffic retail investment in a growing South Dakota market.

Highlights

  • $875,000 asking price for this multi-tenant retail investment property.
  • 5,300 square feet of net rentable space in a 1-story building.
  • 100% occupancy with three tenants in a Highway Service Commercial zoned property.
  • Located at 333 Heritage Dr, Spearfish, SD 57783, near Exit 14, with high traffic and proximity to major retailers.
  • Features 18 parking spaces and additional rear parking/storage.
  • Built in 2004 on a 0.4-acre lot.

Property Details for 333 Heritage Dr

Property type
Lifestyle centers, Power centers
Square Feet
5,300 SF
Year Built
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
17,424 SF
Units
3

Location Insight

City
Spearfish
County
Lawrence
State
South Dakota
Latitude
44.474717163698
Longitude
-103.80935050988
333 Heritage Dr, Spearfish, South Dakota

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333 Heritage Dr
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